Egypt Liquid Fertilizer Market is anticipated to grow
at a significant rate in the projected period of 2028 which is driven by the increasing demand for organic farming & products. In
2020, around 116 thousand hectares of agricultural land area in Egypt was used
for organic agriculture.
Egypt liquid fertilizer
market is expected to expand during the projected period due to increasing demand
for organic
farming & products as it helps to sustain the health of soils, ecosystems,
and people. In addition to this, increasing demand for better crop yields and the
rise in awareness about the benefits of liquid fertilizers dominate the growth
of liquid fertilizer market. Egypt liquid fertilizer market is a
dynamic and competitive sector that offers opportunities for growth and
innovation.
The market players are focusing
on expanding their product portfolio, enhancing their quality standards,
improving their distribution network, and increasing their market share. Along
with it, merger and acquisition activity in the liquid fertilizer market enhances
companies' presence in the region. For instance, in September 2021, Yara
acquires Finnish Ecolan Oy to expand its organic fertilizer business.
Such acquisitions have allowed
companies to better serve their customers and meet the growing demand for liquid
fertilizer in Egypt in the forecasted period.
Rising Demand for Improved
Crop Yield
Egypt has a rapidly growing
population, which led to an increased demand for food production. To meet this
demand, farmers are under pressure to increase crop yields to meet the growing demand
for food. Liquid fertilizers are a key tool that farmers use to achieve this
goal. Liquid fertilizers are a special type of plant nutrient that is dissolved
in water and applied directly to the soil or foliage of plants. They are
designed to provide essential nutrients to crops in a form that is easily
absorbed by the roots or leaves, resulting in faster growth, better yields, and
higher-quality produce. Liquid fertilizers are becoming increasingly popular
among Egyptian farmers due to their ease of use, effectiveness, and ability to
be applied in a precise manner.
For instance, Yara produces Vita
fertilizer which provides a complete line of nutrient solutions to increase
efficiency and enhance crop performance are used in the form of foliar sprays
and plant biostimulants, as well as fertilizer and seed coatings.
There is an increased demand
for cereals and grain crops type which include wheat, maize, and rice. Along
with it, the demand for cereals and grains in Egypt is driven by the country's
growing food processing industry. Processed food products such as bread, pasta,
and breakfast cereals are popular among Egyptian consumers, and these products often
contain large quantities of wheat and other grains. Thus, the farmers in Egypt focus
on increasing the yield of these crops by using liquid fertilizer as it easily
dissolves and absorbs in the roots and stems of the crops. In addition, these
grains are primarily used for animal feed, as Egypt is a significant producer
of poultry, beef, and dairy products.
For instance, Abu Qir
Fertilizers and Chemical Industries Company are one of the prominent producers
of Liquid Fertilizer.
The Egyptian government has
taken steps to promote sustainable agriculture practices. These initiatives
include subsidies for the use of liquid fertilizers and other sustainable
fertilizers, as well as programs to support small-scale farmers. The government
is investing in the development of drip irrigation systems, which allow for
precise application of liquid fertilizers.
Moreover, the adoption of
precision agriculture techniques such as satellite mapping and drone
technology, are being used to optimize fertilizer applications and reduce
waste. These technologies can help farmers to achieve higher yields and reduce
their environmental impact.
Therefore, the improved crop
yield using liquid fertilizer led to the growth of Egypt Liquid Fertilizer Market
in the projected year.
Growing Trend of Organic
Farming
Organic farming has increased
in Egypt, as consumers become more health-conscious and demand for organic
products rises. Organic farming requires the use of natural fertilizers, such
as organic liquid fertilizers, which are made from natural sources such as
plant and animal waste. The use of organic liquid fertilizers can improve soil
health and reduce the environmental impact of conventional fertilizers. The
soils have been depleted due to years of intensive farming practices, leading
to reduced fertility and increased susceptibility to pests and diseases.
Organic farming practices, including the use of organic liquid fertilizers,
help to restore soil health by providing essential nutrients, improving soil
structure, and promoting the growth of beneficial microorganisms.
For instance, Agro Egypt
International Fertilizer Co. produces Agro Rooter an organic fertilizer with a
high content of fast-absorbing humic acids which help to increase the absorption
of many nutrients and microelements and improve root development and physical
soil properties.
Additionally, conventional
farming practices, including the use of synthetic fertilizers and pesticides,
can have negative impacts on the environment, including soil degradation, water
pollution, and biodiversity loss. To overcome this, organic farming practices are
designed to promote environmental conservation by reducing the use of harmful
chemicals and promoting biodiversity. With the rise in the organic farming
approach the consumption of organic liquid fertilizer increases which helps to promote
plant growth without harming the environment.
All these factors dominate
the growth of the Liquid Fertilizer market in the upcoming years.
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Increasing Demand for Nitrogen
Based Liquid Fertilizer
Nitrogen is a nutrient that
is highly used in all modern farming systems. It has the ability to produce
amino acids, which are then converted into proteins, and it is involved in
nearly every metabolic reaction in a plant. Farmers are constantly faced with
the issue of insufficient nitrogen availability in the soil. As a result,
additional liquid nitrogen fertilizer is required to address the problem. Therefore,
the rising demand for nitrogen-based liquid fertilizers dominates the growth of
Egypt liquid fertilizer market in the projected period.
However, many farmers still
rely on traditional granular fertilizers and are not aware of the advantages of
liquid fertilizers, such as improved nutrient uptake and faster plant growth. This
lack of awareness & education regarding the benefits
of liquid fertilizer decreases the consumption of liquid fertilizer which hampers
the market of liquid fertilizer. Along with it, the cost of liquid fertilizers
is higher than traditional fertilizers as it includes the high cost of
production, transport, and storage of liquid fertilizers due to their
perishable nature and the need for specialized equipment. The higher cost of
liquid fertilizers deters some farmers from adopting them, particularly small-scale
farmers. In addition, the increase in the price of nitrogenous fertilizers results
in reduced productivity of land and the quality of production. It will consequently
affect the gross domestic product of the state by increasing the burden of the
poor farmers and reducing their profits. As it is likely to incur great losses,
the absence of proper authority that may represent and defend their rights is
expected to restrain
the growth of the market. Moreover, excessive use of liquid fertilizers
has a negative impact on the environment which includes soil degradation, water
pollution, and greenhouse gas emissions, thus, the need for more sustainable
and environmentally friendly fertilizers increases which help to mitigate these
concern and slow down the market growth.
Recent Development
- In 2023, President Abdel
Fattah El-Sisi inaugurated the Nitrogenous Fertilizer Complex in Ain Sokhna
town of Suez governorate in northeastern Egypt to cover local needs and export
surplus to dozens of countries.
- In 2022, Abu Qir Fertilizers
Company adopts SAP global solutions as a major partner for digital
transformation.
- In 2022, Yara calls for action
to secure continued supply of nitrogen essentials such as AdBlue which is an
integrated part of the production of nitrogen for fertilizers.
- In 2021, Thyssenkrupp
Fertilizer Technology, a subsidiary of Thyssenkrupp Uhde has signed a contract
with Abu Qir Fertilizers Co., for the revamp of their Abu Qir 3 urea production
plant in Alexandria, Egypt.
Market Segmentation
Egypt Liquid Fertilizer Market is segmented based on type, crop type, mode of application, ingredient type, and
region. Based on type, the
market is divided into nitrogen, phosphorus, potash, and micronutrients. Based
on the crop type, the market is categorized into cereals & grain, pulses
& oilseeds, fruits & vegetables, commercial crops, and others. Based on the mode of application,
the market is fragmented into soil, foliar, fertigation, and others. Based on the
ingredient type, the market is categorized into organic and synthetic. Based
on region, the market is segregated into Alexandria, Suez, Giza, Port Said,
Cairo, and Qalyubia.
Company Profiles
Yara Agri Trade Egypt, Abu
Qir Fertilizers and Chemical Industries Company, Agrofarm Natural Product, El-Nasr
Company for Fertilizers and Chemical Industries, Ferchem Masr for Fertilizers
and Chemicals, Tiba Egypt, ULTRACHEM Company, Agro Egypt International
Fertilizer Co., Kima Aswan, Helwan Fertilizers Company S.A.E. are some of the key players
in Egypt Liquid Fertilizer Market.
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Attribute
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Details
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Base Year
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2022
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Historic Data
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2018 – 2021
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Estimated Year
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2023
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Forecast Period
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2024 – 2028
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Quantitative Units
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Revenue in USD Million, Volume in Metric Tonnes, and
CAGR for 2018-2022 and 2023-2028
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Report coverage
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Revenue forecast,
volume forecast, Company shares, competitive landscape, growth factors, and trends
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Segments covered
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Type
Crop Type
Mode of Application
Ingredient Type
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Region scope
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Alexandria,
Suez, Giza, Port Said, Cairo, Qalyubia
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Key companies profiled
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Yara Agri
Trade Egypt, Abu Qir Fertilizers and Chemical Industries Company, Agrofarm
Natural Product, El-Nasr Company for Fertilizers and Chemical Industries,
Ferchem Masr for Fertilizers and Chemicals, Tiba
Egypt, ULTRACHEM Company, Agro Egypt International Fertilizer Co., Kima
Aswan, Helwan Fertilizers Company S.A.E.
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Customization scope
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10% free report customization with purchase.
Addition or alteration to country, regional & segment scope.
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Pricing and purchase
options
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Avail customized
purchase options to meet your exact research needs. Explore purchase options
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Delivery Format
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PDF
and Excel through Email (We can also provide the editable version of the
report in PPT/Word format on special request)
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Report Scope:
In this report, Egypt Liquid Fertilizer Market has been
segmented into the following categories, in addition to the industry trends, which
have also been detailed below:
- Egypt Liquid
Fertilizer Market, By Type:
- Nitrogen
- Phosphorus
- Potash
- Micronutrients
- Egypt Liquid Fertilizer Market, By Crop Type:
- Cereals & Grain
- Pulses & Oilseeds
- Fruits & Vegetables
- Commercial Crops
- Others
- Egypt Liquid Fertilizer Market, By Mode of Application:
- Soil
- Foliar
- Fertigation
- Others
- Egypt Liquid Fertilizer Market, By Ingredient Type:
- Egypt Liquid Fertilizer Market, By Region:
- Alexandria
- Suez
- Giza
- Port Said
- Cairo
- Qalyubia
Competitive landscape
Company Profiles: Detailed analysis of the major companies in Egypt
Liquid Fertilizer Market.
Available Customizations:
With the given market data, TechSci Research offers customizations
according to a company’s specific needs. The following customization options
are available for the report:
Company
Information
- Detailed analysis and profiling of additional market
players (up to five).
Egypt Liquid Fertilizer Market is an
upcoming report to be released soon. If you wish early delivery of this report
or want to confirm the date of release, please contact us at [email protected]